Contributor ReportsBusiness Briefing | Media: Rogers Communications to Cut 900 Jobs in ...
Source: The New York Times
Toronto :: Canada | updated Thu Nov 26 21:47:27 -0800 2009 | business-news
Rogers Communications , the largest wireless carrier in Canada, said it was eliminating about 900 jobs nationwide as the company reorganized its wireless and cable units. The company, based in Toronto, said the cuts affected about 3 percent of its...
Stocks that qualify as dividend artistocrats
Source: The Globe & Mail
Toronto :: Canada | updated Thu Nov 26 16:56:13 -0800 2009 | business-news
World Markets economists Avery Shenfeld, and Peter Buchanan yesterday recommended investors start moving more money out of money market funds and even out of bonds, and into dividend stocks. “The spread between TSX dividend yields and those on corporate bonds...
Nortel puts GSM businesses on auction block after sale delayed last ...
Source: The Beacon Herald
Toronto :: Canada | updated Tue Nov 24 20:54:27 -0800 2009 | business-news
Another piece of the former Nortel Networks Corp. empire hit the auction block Tuesday as the Global System for Mobile (GSM) business was offered to interested bidders. The delayed auction got underway Tuesday morning, but a winner had yet to...
General Dynamics unit wins $2.2 billion contract
Source: Seattle Times
Toronto :: Canada | updated Wed Nov 25 06:38:45 -0800 2009 | business-news
A Canadian unit of defense contractor General Dynamics Corp. has won a $2.2 billion contract from the U.S...General Dynamics Land Systems-Canada says the vehicles are intended for the Army's foreign military sale program...The LAV II vehicles being provided are 300...
BMO paints a rosy picture for banking
Source: The Globe & Mail
Toronto :: Canada | updated Tue Nov 24 17:42:59 -0800 2009 | business-news
A lready the envy of the financial world, Canada's banks are heading into their best period in at least 10 years, Bill Downe says. Over the next few years, the fundamentals of the banking business “are going to be as...
Bank Montreal to Buy Diners Club
Source: Asian Wall Street Journal
Toronto :: Canada | updated Tue Nov 24 09:15:49 -0800 2009 | business-news
Bank of Montreal has agreed to buy Citigroup Inc.'s Diners Club North American franchise, giving the big Canadian chartered bank exclusive rights to issue Diners cards in the U.S. and Canada. BMO said the move will more than double its...
Shoppers approach holidays with frugality
Source: The Globe & Mail
Toronto :: Canada | updated Mon Nov 23 17:53:14 -0800 2009 | business-news
F rugal may be “the new cool,” but Canadian shoppers are still doing their part to help drive the recovery as American consumers remain wary. In Canada, where consumers account for 60 per cent of economic activity, shoppers remain out...
Agrium, CF, Terra prolong fertilizer takeover wars
Source: Seattle Times
Toronto :: Canada | updated Mon Nov 23 07:58:08 -0800 2009 | business-news
The fertilizer wars persisted on Monday as Agrium Inc. vowed to continue its pursuit of CF Industries Holdings Inc., while CF resubmitted its buyout offer to Terra Industries Inc., only to be promptly rejected. "Agrium is emboldened by the overwhelming...
RioCan goes back for more
Source: The Globe & Mail
Toronto :: Canada | updated Mon Nov 23 14:10:18 -0800 2009 | business-news
REI-UN said Monday it will raise another $100.9-million by issuing new units. The country's largest shopping mall trust will sell 5.5-million units at $18.35 each in a bought deal offering, a slight discount to Monday's closing price of $18.70. While...
First Quantum Minerals to acquire Kiwara PLC in deal worth $260 ...
Source: Macleans
Toronto :: Canada | updated Mon Nov 23 14:30:34 -0800 2009 | business-news
announced Monday it is set to acquire a strategic copper asset in Zambia with the US$260-million purchase of Kiwara PLC, a mineral explorer focusing on base metals in Zambia. With the buyout, Vancouver-based First Quantum will own a controlling interest...
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Business Briefing | Media: Rogers Communications to Cut 900 Jobs in ...
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